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BCA calls for 20pc investment allowance

Phillip Coorey

Corporate Australia says all businesses should be entitled to a 20 per cent investment allowance in the absence of company tax cuts, that the government should consider bringing forward both sets of legislated tax cuts to July 1 next year, and for a permanent increase to the unemployment benefit.

Business Council of Australia chief executive Jennifer Westacott says investment is "diabolical". Alex Ellinghausen

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/bca-calls-for-20pc-investment-allowance-20200727-p55fpm